GN Store Nord AS

GN: XCSE (DNK)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	DKK 992.00	Rwswlm	Ncdpytx

GN Store Nord Earnings: Business on the Mend

Alex Morozov

May 2, 2024

We are maintaining our DKK 270 fair value estimate for narrow-moat GN Store Nord following first-quarter results. The market is responding positively to the results, but the shares remain undervalued.

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